The Digital Retailer for Used Premium Vehicles
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Los Angeles
State: California
Zip:
Country: United States
We’re modernizing the world of used premium vehicles. Motorenn is a Los Angeles-based startup leading the evolution of the buying and selling of premium used cars through high-quality inventory, white glove service, and operational excellence. We are automotive enthusiasts, rather than salespeople, who are focused on transforming the high-end car sales experience. We want our customers to experience the same joy and awe that we have for these modern engineering marvels, rather than worrying about haggling or wasting hours in a palatial showroom! From our careful vehicle selection, innovative data-driven pricing, and investment in our best-in-class digital capabilities, we are trailblazing a new retail and e-commerce model in order to share that experience with customers throughout the country. Trust, value, and efficiency are at the core of what drives us. Our vehicles, which undergo an exhaustive 151-point inspection, will never have salvage titles, frame damage, airbag deployment, or damage to more than two external panels. Our pricing model takes into consideration condition, mileage, and options to provide you a value that can’t be beaten with transparent, no-haggle prices with no hidden fees. Our digitally streamlined process also means that you never even have to step foot into our showroom! You can sign your documents digitally and have your vehicle picked up or delivered, or visit our Los Angeles location for a test drive and then complete the process remotely.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2020 | Pre Seed Round | $910k | 3/2022 | Seed Round | 1 | - |
The PenFed Foundation The PenFed Foundation |
6/2021 | Pre Seed Round | 1 | $500k |
Global Founders Capital Global Founders Capital |
3/2022 | Seed Round | 1 | - |
The PenFed Foundation The PenFed Foundation |
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